Development Economics

Sources of Economic Growth and Development (Syllabus Section 5.1)

• Assessments and Activities: Lecture
  
  
  • Lecture: Sources of Economic Growth and Development (PDF below)

    • Sources of Economic Growth.pdf

Sources of Economic Growth.pdf

• Details
• Download
• 2 MB

• Related Readings
  • Economic Growth
  • Empirics of Economic Growth
  • Natural (land) Resources
  • Population
  • Saving
  • Telecommunications (Globalization)
  • Space Bridging (Globalization)
  • A Cell Phone for Every Woman
  • The German Economic Miracle
  • Japan after WWII
  • The Industrial Revolution and the Standard of Living
  • Education
  • Immigration
  • Transition Economies
  • Global Attitudes Regarding Sustainable Development
  • The Magic of Microcredit
  • Human Capital
    • Pass the Books, Hold the Oil
    • What is the Wealth of a Nation?
    • Human Capital

• Additional Resources
  • Commanding Heights: Click the link above for resources related to this PBS documentary. We may watch a few clips from the video in class. You can watch the whole series by streaming it online, if you're interested by clicking here. It's a really engaging and relatively contemporary view of development and globalization.

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Consequences of economic growth growth (Syllabus Section 5.2)

• Homework Due:
  • Consequences of Economic Growth

• Assessments and Activities: Free-response/problem and lecture
  
  
  • Free-response/problem: You will work cooperatively with your partner to construct a response to the following prompt.
    
    
    • What are the determinants of economic growth? Use an AS-AD diagram and a production possibilities graph to illustrate economic growth.
      
      
  • Lecture: Consequences of economic growth (PDF below)

    • Consequences of Growth.pdf

Consequences of Growth.pdf

• Details
• Download
• 98 KB

• Related Readings
  • "In Praise of Cheap Labor"
  • "The Case for Sweatshops"
  • Income Inequality in the U.S.
  • The Academic Fight Over U.S. Inequality
  • Economic Growth and the Environment
  • Free Market Environmentalism
  • Global Warming

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Barriers to economic growth (Syllabus Section 5.3)

• Homework Due:

• Assessments and Activities: Free-response/problem and lecture
  • Free-response/problem: You will work cooperatively with your partner to construct a response to the following prompt.
    • Define: Economic growth and economic development.
    • Using examples, explain the difference between economic growth and economic development.
      
      
  • Lecture: Barriers to economic growth and/or development (File with videos too big to post)

• Related Readings
  • Rent Seeking
  • Saving
  • Corruption
  • Political Behavior
  • Law and Economics

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Economic Growth and Development Models (Syllabus Section 5.4)

• Homework Due: Read McGee (Section 5.4)

• Free-response/problem: You will work cooperatively with your partner to construct a response to the following prompt

• Describe the main barriers to economic development that countries may experience.
• Evaluate the view that countries with more equal distribution of income and wealth are more likely to experience higher levels of development.

• Lecture: Economic Growth and Development Models (PDF below)

  • Growth and Development Models.pdf

Growth and Development Models.pdf

• Details
• Download
• 2 MB

• Related Readings
  • Economic Growth
  • Transition Economies

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Growth and development strategies (Syllabus Section 5.4)

• The effects of a protectionist subsidy: Subsidies to domestic firms are central to the growth strategy known alternatively as import substitution industrialization (ISI) or Inward-oriented growth. Click the link to see a video on the economic effects of subsidies.

• Assessments and Activities: Free-response/problem and lecture
  • Free-response/problem: You will work cooperatively with your partner to construct a response to the following prompt
    
    
    • Explain the processes and transmission mechanisms that lead to economic growth in each of the following theories:
      • Harrod-Domar Model
      • Structural Change/Dual Sector Model

• Lecture: Growth and Development Strategies (PDF below)

  • Growth and Development Strategies.pdf

Growth and Development Strategies.pdf

• Details
• Download
• 803 KB

• Related Readings
  • Economic Growth
  • Foreign Aid
  • International Capital Flows
  • Privatization
  • Space Bridging (Globalization)
  • Agricultural Subsidy Programs

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Evaluation of growth and dvpt strategies (Syllabus Section 5.5)

• Assessments and Activities: Free-response/problem and lecture
  
  
  • Free-response/problem: You will work cooperatively with your partner to construct a response to the following prompt.
    
    
    • Some countries have tended to use inward oriented development strategies, while others have used outward oriented strategies. Describe the main features of each type of strategy and evaluate their advantages and disadvantages. Your answer should include diagrams for the tariffs and subsidies used in import-substitution.
      
      
  • Lecture: Evaluation of growth and development strategies (PDF below)

    • 4 - Evaluation of Growth and Dvpt Strategies.pdf

4 - Evaluation of Growth and Dvpt Strategies.pdf

• Details
• Download
• 2 MB

• Related Readings
  • Foreign Aid
  • International Capital Flows

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Development Economics

• Homework Due: Read Asymmetric Globalization by Nancy Birdsall and complete notecard a commentary.

• Assessments and Activities: Free-response/problem and class discussion

• Free-response/problem: You will work cooperatively with your partner to construct a response to the following prompt.

• Evaluate the view that trade is more effective than aid in achieving economic development.

• Class Discussion: We will discuss the reading in class. After the discussion you should click here to continue our conversation online. Your posts to this online discussion (Online Discussion #2) are due by the end of Winter Break.

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Internal assessment

• Assessments and Activities: We will do on activity that will help you to learn better how to write Paper 1 and Paper 2 on the IB Exam. Then you will have time to study for your test on Development Economics.

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Test on Development Economics (Paper 1) and Paper 2